There's limited teams who have the cap space, required picks, and motivation. Many of the teams who have cap space have it reserved for their own RFAs.
According to PuckPedia, these are the teams who have 2.25 mil in cap space:
Nashville (3.1 mil): Tomasino/Parssinen RFA, just traded Cody Glass to open up space
New Jersey (4.98 mil): Dawson Mercer RFA
Montreal (5.45 mil)
Winnipeg (5.78 mil): Cole Perfetti RFA
Dallas (6.24 mil): Thomas Harley RFA
Seattle (6.37 mil): Matt Beniers RFA
Carolina (6.44 mil): Seth Jarvis RFA
Chicago (6.68 mil):
Buffalo (8.45 mil):
Boston (8.64 mil): Jeremy Swayman RFA
Utah (9.92 mil):
Columbus (10.9 mil):
San Jose (13.6 mil):
Detroit (17.65 mil): Moritz Seider + Lucas Raymond RFA
Calgary (19.2 mil):
Anaheim (21.7 mil)
Until teams figure out their own RFAs, it seems unlikely that they'd go the offer sheet route.
Now mix in a handful of teams who have already dealt their 2025 3rd: New Jersey (Jake Allen), Chicago (traded for 2024 3rd), Calgary (Monahan cap dump), Carolina (Evgeni Kuznetsov), San Jose (included with Tomas Hertl).
How many teams does that leave? Do teams like Montreal, Buffalo, Utah, Columbus, or Anaheim need another winger at this point or do they have their own prospects?